Korea's GS E&C to Build EVA Plant for Sipchem

Saudi International Petrochemical Co. (Sipchem) says it has awarded the engineering design, procurement, and construction contract for a previously announced ethylene vinyl acetate (EVA) and low-density polyethylene (LDPE) complex to GS Engineering & Construction (GS E&C; Seoul). The plant will be built at Jubail, Saudi Arabia and have a capacity of 200,000 m.t./year. It is due to start operating in the second quarter of 2013. The plant will use ExxonMobil Chemical technology, as previously announced. The estimated cost of the project is SR3 billion...

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